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Dec 2, 2013
12/13
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we live in an economy that is growing what? 1% a year? it is hard to gain confidence in all of this. what is it? we live in this environment that is hard for young people to get engaged in these financial kind of thinking and decisions. we live in an environment where few people understand but money is. the federal reserve is paying millions of dollars per month. is that money? how does that affect us? what is that stuff? this paper that we carry around? what does it represent? where does it come from? what is money? what is this stuff? purchasing power. this allows me to buy stuff. why is this cool? who invented this? it wasn't the federal reserve. money predates the fed reserve a little bit. in the really old days before i was born, what did we do when there was no money? you bought it. i will trade my cows for your chickens. not a good way of doing stuff. we come up with something, something that facilitates trading between chickens and cows. half a cow is not worth half a cow if it is dead. not very useful. bartering is a cumbersome a
we live in an economy that is growing what? 1% a year? it is hard to gain confidence in all of this. what is it? we live in this environment that is hard for young people to get engaged in these financial kind of thinking and decisions. we live in an environment where few people understand but money is. the federal reserve is paying millions of dollars per month. is that money? how does that affect us? what is that stuff? this paper that we carry around? what does it represent? where does it...
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Dec 3, 2013
12/13
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the economy is improving. at the same time, you -- you have a series of, again, fiscal coming up between the president and congress. those have not gone well. team see ent and his those as opportunities again to sharpen the difference between what he's trying to do for the and what republicans in their words are impeding. opportunity for obama to regain approval rating, some trustworthiness. some competence, perception of competence among the public. there's a rosy scenario. a lot between now and then has fixed. if the white house will have to rebrand, by the way, to get the to getollout of the plan going again. >> you talk about sharpening the difference. asks, does the president have any relationships r friendships with members of congress. obama many -- president looks to senator durbin as an ally. ancy pelosi, they think highly of. harry reid, they think highly of. i wouldn't call those personal but it's a fairly shallow relationship in general and evenhe white house democratic leaders in congress. >> taki
the economy is improving. at the same time, you -- you have a series of, again, fiscal coming up between the president and congress. those have not gone well. team see ent and his those as opportunities again to sharpen the difference between what he's trying to do for the and what republicans in their words are impeding. opportunity for obama to regain approval rating, some trustworthiness. some competence, perception of competence among the public. there's a rosy scenario. a lot between now...
107
107
Dec 6, 2013
12/13
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it is a big player now in the world economy. i have been sharing with many of the persons i have been talking to, a situation where i think there is an opportunity for latin america and the u.s.. there is a new concept that is becoming a very important concept. the concept that is referred to as a demographic dividend. the source of growth in the world that china was some years ago started to diminish because the negative demographic dividend that they are having because the population is not increasing it on the contrary it is decreasing. you have the problem in europe and you are having that problem here in the u.s.. one of the few areas in the world where you have a positive democrat dividend is america. you still have a young population and there you have a tremendous opportunity in the u.s. sees latin america with those eyes, there's a tremendous opportunity to increase the cooperation between the two areas and you are going to need immigration sooner or later if you want your economy to continue growing and that immigratio
it is a big player now in the world economy. i have been sharing with many of the persons i have been talking to, a situation where i think there is an opportunity for latin america and the u.s.. there is a new concept that is becoming a very important concept. the concept that is referred to as a demographic dividend. the source of growth in the world that china was some years ago started to diminish because the negative demographic dividend that they are having because the population is not...
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52
Dec 7, 2013
12/13
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the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic growth. if i had to pick one thing, i would agree with what john had to say. what's the comparative advantage. how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't quality of education we need to be economically an innovative global economy. that's what i would focus on. more ect you're a little concerned
the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic...
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Dec 7, 2013
12/13
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if you care about health, for yourself or families or friends, if you care about the economy, because what we do is a wonderful support of the economy with a remarkable return on investments in the grants going out we get a two fold return in the first year. this case is so strong that i think ultimately it has to win. i would say to the young scie e scientist, hang in there, we mean get through this. >> nih has the world's largest hospital and more than 23,000 unique patients in 2013. i want to follow up on sam's point. you said the neuro science is the last frontier of medical research. how so? >> the human brain is the most complicated structure in the known universe. there are 86 billion neurons and each has a thousand connections. and the ability to be able to make sense out of that has seemed out of reach for most of the time that we have been studying neuro science is biology. and the president announced the human brain initiative and work to figure out how the circuits in the brain work. that is an amazing frontier to think about. we can measure what happens with individual ne
if you care about health, for yourself or families or friends, if you care about the economy, because what we do is a wonderful support of the economy with a remarkable return on investments in the grants going out we get a two fold return in the first year. this case is so strong that i think ultimately it has to win. i would say to the young scie e scientist, hang in there, we mean get through this. >> nih has the world's largest hospital and more than 23,000 unique patients in 2013. i...
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96
Dec 9, 2013
12/13
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the prime minister and other members of the house economy where there. this is one hour and a half. >> order. order. the house will wish to know how we proceed today. the questions will be carried over. office will announce consequential changes shortly. this is a special day for special tributes to a special .tatesman, nelson mandela i hope that as many members as possible will be able to contribute. contributions will continue until 10:00 p.m.. the house will also wish to know that there will be an event to commemorate and celebrate the life and achievements of nelson mandela taking place in westminster hall on thursday the 12th of december. >> thank you, mr. speaker. >> nelson mandela was a towering figure in our lifetime. we are here to celebrate his character, his achievements, and his legacy. condolence books have been organized. tos evening we will fly south africa to attend the service and johannesburg. and his royal highness, the prince of wales, will be there for the funeral. his family, his friends, and the millions in south africa, and those
the prime minister and other members of the house economy where there. this is one hour and a half. >> order. order. the house will wish to know how we proceed today. the questions will be carried over. office will announce consequential changes shortly. this is a special day for special tributes to a special .tatesman, nelson mandela i hope that as many members as possible will be able to contribute. contributions will continue until 10:00 p.m.. the house will also wish to know that...
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66
Dec 7, 2013
12/13
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we have to have a bucket as opposed to just continuing resolutions to keep the most important economy in the world going. you got to have immigration reform. you have to have a competitive tax code. you have to do something about debt and education. this is all about problem solving. so no labels being at the sweet spot of where i think where the american people are and where they will be in the next couple of election cycles will therefore be in a place where most elected officials are going to want to be, not because it's the right thing politically, but because it's the right thing for this country. >> senator, you served in the senate for over a decade. how did things change when you were serving and how useful would a group like no labels have been early in the career or if they changed towards the end of the career in the senate? >> that's a good question. the senate has changed dramatically in the last 13 or 14 years. it's changed. it's just a completely different universe since my father's time. i'll tell you a story. it was 1968, my father was running for the first re-electio
we have to have a bucket as opposed to just continuing resolutions to keep the most important economy in the world going. you got to have immigration reform. you have to have a competitive tax code. you have to do something about debt and education. this is all about problem solving. so no labels being at the sweet spot of where i think where the american people are and where they will be in the next couple of election cycles will therefore be in a place where most elected officials are going...
78
78
Dec 9, 2013
12/13
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what it means so that happen, and, number two, as the assistant majority leader knows, this helps our economy. when people receive unemployment benefits, they're spending it. they're spending it in the grocery store, at the hardware store, they're spending it at the auto repair shop to fix their car so they can go out and get a job and go out and go to work. so all of those are reasons that raising the minimum wage is so important, extending unemployment insurance is so important. and one more point before yielding to the assistant majority leader from illinois. it's not welfare, it's unemployment insurance. people pay in when three working working -- when they're working hoping they're not going to collect. so they're collecting their insurance basic. that's what insurance is. things aren't working right, you get unemployment benefits, unemployment insurance, social insurance. that's why this is so important. i yield to the senator from illinois. mr. durbin: will the senator from ohio yield through the claire for a question? officer the senator fromthe pre. mr. durbin: can the senator from o
what it means so that happen, and, number two, as the assistant majority leader knows, this helps our economy. when people receive unemployment benefits, they're spending it. they're spending it in the grocery store, at the hardware store, they're spending it at the auto repair shop to fix their car so they can go out and get a job and go out and go to work. so all of those are reasons that raising the minimum wage is so important, extending unemployment insurance is so important. and one more...